Investment

Gold above USD 2,000 per troy oz again

Gold is above USD 2,000 per troy oz solidly on Wednesday amid the disappointing data of US job market. The weak economic reports and uncertaintly in the global investment sentiment support the gold hanging near a one-yaer high. The waek job data in US signaling that the US econimy is heading for a sharp slowdown.

Collections, Investment

How to invest in Art

Investing in art is perceived as an advanced investment for some of the people it is because art is not a liquid asset. However, investing in art is still one of the valuable investments to date. Here are some reasons behind.

More and more people are beginning to see Art investment as a valuable and consider it as a reliable long-term asset. One of the reasons is arts holds its value over time and has a tendency to grow steadily even the other markets fluctuated significantly.

Furthermore, diversifying your investment portfolio is very important for professional investors. It is important to know that having a variety of assets can help to minimize risk.

Coins made of precious metals is one of the options of art investment for beginners. It also one of the popular and affordable investments options for young investors.

Investment, News around the World

Tech Tensions between China and the US escalates

Tech Tensions between China and the US escalates after US allies in Asia and Europe annountced restrictions on the sale of key technology to China. The Cyberspace Administration of China (ACA) has launched a probe into once of the America’s biggest memory chip makers, Micron Technogogy because of the cybersecury concerns. This action is perceived as an apparent retaliation.

The move of China come on the same day that Japan government said that it would restrict the export of advanced chip manufacturing equipment to China to curb China’s semiconductot industry, following the similar moves by the US and other allies.

ACA stated that the aim of this move is to targeting on “ensuring the security of key information infrastructure supply chains, preventing cybersecurity risks caused by hidden products problems, and maintaining national security.”

Micron Technology told CNN it was aware of the review from China authority and they are in communication with the CAC and are cooperating fully. Mircon derives more than 10% of its revenue from China. Its shares sank 4.4 % on Wall Street on Friday and closed another 1.2% lower on Monday following the news.

Image source: https://media.cnn.com/api/v1/images/stellar/prod/230403114022-micron-technology-building-file.jpg?c=16×9&q=h_720,w_1280,c_fill/f_webp

News around the World

马云回来了 阿里巴巴一变六

事缘2020年尾,中国政府强势管制科技及网路事业。马云在过去两年多的时间里,一直居于海外并保持低调。

近日,马云高调地出現在中国。不久之后阿里巴巴就传出重大的架构重整消息。该消息使公司在香港星期三的股价猛涨12%,华尔街的隔夜股价更加高,升幅达14%。

阿里巴巴的业务将会分拆成:国内电子商贸、国际电子商贸、云计算、本地服务、物流、媒体及娱乐,共六个单元。这次的架构重整计划是公司有史以来最大的重改组工作。2020年10月,马云曾一度以企业家身分高调批评国家的金融规章过于僵化及对小型企业不友善。结果,中国的管治机关于最后一刻叫停蚂蚁集团的上市挂牌。随后,国内还有针对大型科技企业的大规模压迫整治行动。

有分析指在这个关键时刻,中国可能需要阿里巴巴为正在响起警号的经济用力推一把,惟不能再拥有过往的力量。中国有关机关担心私有科企变得过分强大,政府尝试遏制许多突出的科企的垄断性。阿里的重整计划为限制垄断权力及平台支配提供了出路。该重整计划可被视为其他大型科企向前发展的模范。

投资者及分析均欢迎阿里巴巴的重整。这也是象征中国政府支持私有企业,马云的出现更加展示了支持私有企业的方向。分析相信该重整会带领投资者重新评估阿里巴巴的价值。

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Investment, News around the World

Jack Ma is back to China while Alibaba spilt into 6 units

Since the Chinese government began a fierce crackdown on the tech and internet sector in the late of 2020, Jack Ma had been spending time overseas and keeping himself a low profile. The news of Alibaba’s landmark restructuring just came shortly after the return of co-founder Jack Ma to mainland China in a high profile. The restructuring of the internet conglomerate has sent its shares soaring 12% in Hong Kong on Wednesday and surge 14% on Wall Street overnight.

Alibaba’s business will be split into six units: domestic e-commerce, international e-commerce, cloud computing, local services, logistics, and media and entertainment. The restructuring plan is the most significant restructuring in the company’s history.

In October 2020, Jack Ma the once high-profile entrepreneur criticized the country’s financial regulatory system for being too rigid and unfriendly to small business. As a result, the Chinese authorities shelved Ant Group’s IPO at the last minute. After that, a sweeping regulatory crackdown on Big Tech Conglomerates in China.

Some analysts perceived China may need Alibaba now to boost a flagging economy at a critical moment, but just it’s not nearly as powerful as it was. Chinese authority’s major concern is that private tech firms have become too big and powerful and the government sought to reduce the monopolistic nature of many prominent tech companies. Alibaba’s restructuring plan offers a way to limit monopoly power and platform sway. The restructuring plan could serve as a model for other big tech giants going forward.

Investors and analysts have cheered Alibaba’s restructuring. It is a symbol of the Chinese government’s support for private business. Jack Ma’s presence is perceived as evidence of a more supportive approach to the private sector. Come analysts welcomed the move and believed it will lead investors to reassess the valuation of Alibaba.

Image source: https://media.cnn.com/api/v1/images/stellar/prod/230329012622-01-alibaba-logo-030923-file-restricted.jpg?c=16×9&q=h_720,w_1280,c_fill/f_webp